{"schema_version":"secwatch.filing_event.v1","accession":"0001641172-25-005022","form_type":"8-K","ticker":"LIMX","cik":"0001803977","company_name":"Limitless X Holdings Inc.","filed_at":"2025-04-16T23:59:59+00:00","discovered_at":"2026-05-14T18:02:49.784462+00:00","generated_at":"2026-05-23T13:35:21.290913+00:00","sec_items":["1.01","9.01"],"event_type":"debt","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Limitless X converts $6.5M debt owed to CEO into 260K Series D preferred shares","bullets":["Converted $6,505,368 aggregate debt (principal + interest) owed to CEO Jaspreet Mathur and two controlled entities.","Issued 260,214 shares of Series D 15% Cumulative Redeemable Perpetual Preferred Stock at $25 per share.","Debt was in default; conversion includes full release of claims against the company.","Mathur, as CEO and controlling shareholder, received 243,583 shares for his $6,089,589 debt.","Two affiliates (Emblaze One, Inc. and EM1 Capital LLC) received 6,127 and 10,504 shares respectively."],"urls":{"canonical":"https://secwatch.observer/filing/0001641172-25-005022","json":"https://secwatch.observer/filing/0001641172-25-005022.json","markdown":"https://secwatch.observer/filing/0001641172-25-005022.md","text":"https://secwatch.observer/filing/0001641172-25-005022.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1803977/000164117225005022/0001641172-25-005022-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1803977/000164117225005022/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T13:35:21.290913+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}